Wacker Neuson upbeat as turnover hits new record

Wacker Neuson has broken through the €1 billion mark for the first time, recording a turnover of €1.1bn in 2012. The company saw sales grow by 10% in the year with the biggest increase (20%) coming from the Americas. And despite the economic downturn, sales in Europe were up by 7% as they were in the Asia-Pacific region, which was adversely affected by the Chinese market.
April 16, 2013 Read time: 2 mins
1651 Wacker Neuson has broken through the €1 billion mark for the first time, recording a turnover of €1.1bn in 2012.

The company saw sales grow by 10% in the year with the biggest increase (20%) coming from the Americas. And despite the economic downturn, sales in Europe were up by 7% as they were in the Asia-Pacific region, which was adversely affected by the Chinese market.

Speaking at bauma, chief executive officer Cem Peksaglam said the company had invested €303m over the past three years and 2012 had seen a significant increase in production capacity with the opening of a new facility in Austria.

The year also saw the introduction of a range of M series machines for the Asian markets and he reported that the alliances with 178 Caterpillar (for mini excavators) and Claas (telehandlers) are running smoothly.

He predicted continuing growth with turnover rising to €1.2bn in 2013 and a margin (EBITDA) of 13%. Looking further ahead, Peksaglam expects double-digit growth in 2014 and said investments will total around €80m both this year and next.

Stand:F9 909

www.wackerneuson.com

View more stories

For more information on companies in this article

Related Content

  • Penta Automazioni Industriali showcases robotic technology for block panels
    April 19, 2013
    A robot on the bauma stand of Italian company Penta Automazioni Industriali has been demonstrating the precision laying of paving blocks. Penta’s custom-made handling technology enables a robot to read the size of each block, pick up individual pieces and position them to make up a panel.
    Read More
  • Haulotte sees sales growth in 2012
    January 6, 2017
    French access and telehandler manufacturer Haulotte returned to profit in 2012 and, though the first quarter of 2013 is down year-on-year, CEO Alexandre Saubot remains confident about continued growth this year. “We achieved a decent performance in 2012 with almost 16% growth,” said Saubot. “2013 will remain a challenge for us, we will have to continue to work hard for sales growth.”
    Read More
  • Haulotte sees sales growth in 2012
    April 18, 2013
    French access and telehandler manufacturer Haulotte returned to profit in 2012 and, though the first quarter of 2013 is down year-on-year, CEO Alexandre Saubot remains confident about continued growth this year. “We achieved a decent performance in 2012 with almost 16% growth,” said Saubot. “2013 will remain a challenge for us, we will have to continue to work hard for sales growth.”
    Read More
  • Tata Steel adds more abrasion-resistant steels to its Abrazo range
    January 6, 2017
    Tata Steel used bauma 2013 to boost its Abrazo steel family – its abrasion-resistant steel for construction machinery, building material machines, mining machines, construction vehicles and equipment. Available in 400, 450 and 500 Brinel hardness wear-plate grades, Abrazo is suited to buckets and cutting edges, truck body linings, mining armoured face conveyors, chutes, hoppers and conveyor parts.
    Read More

Highlighted Content